Purchasing a Waterfront Property

Posted by Royal LePage Lakes of Muskoka Realty on Tuesday, June 4th, 2019 at 1:59pm.

 "I am Looking at Purchasing a Waterfront Property..a Waterfront......Yes.. a Waterfront"

 By Steve Keshen-Managing Broker Royal LePage Lakes of Muskoka Realty

When I was selling real estate in Toronto, a major part of my business was condominium sales. Buyers would approach me, "Steve, I am looking to purchase a condo." My first couple of questions to the buyer were generally easy to answer, typically where do you want to live and what is your budget? After that, my questions became a little more challenging to the buyer. What style of building are you looking for (high rise/low rise/boutique/hard loft/townhouse/stacked townhouse...and more). I would also ask them to consider building amenities, proximity to the subway, parking as well as a variety of other features. Of course all these factors have an impact on the price. For the price of a 500 sq ft condo in downtown Toronto, you might be able to purchase 900 sq ft in the suburbs.

The same principles apply to waterfront properties. Our brokerage receives many inquiries from buyers looking to purchase a waterfront property in Muskoka. Waterfront can mean many things-big lake, smaller lake, river, or island. Like everything else, each type of waterfront has it's pros and cons. So let's have a look and compare different Muskoka waterfront properties and see what you get for similar money. This will become a regular feature of our blog so stay tuned in and let me know which you prefer. Happy hunting!

Muskoka Waterfront For Sale in the High $400,000 Range

          

  • Waterfront Property on Echo Lake (smaller lake)
  • 3 Bedroom
  • 2 Bathroom
  • Approximately 2224 sq ft
  • Asking $499,000

       

  • Island Property on Lake Muskoka
  • 3 Bedroom
  • 1 Bathroom
  • Approximately 720 sq ft
  • Asking $489,000

Click here to see more waterfront listings! 

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